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long-term debtor our deficits. and you know, to the extent that there are ry form, there are reforms from medicare built in to the care act if enabled to play out over the next decade will result in a lot of savings and if you want to do anything with medicare negotiate precipitation drug prices. >> jennifer: did the president put the amount of money that was put on the table in terms of the proposed cuts, and included about $400 billion to medicare, did those -- were those the previously -- is that stuff that embedded in the affordable care act or that additional savings? >> it is. i look at that as i have looked at it as additional savings, we have to obviously see what's full out, you know, the table in negotiations. but, again those savings net billions of dollars of savings built in to the affordable care act over the next 10 years instead what we have heard from republicans even as late as the last couple of days, is a continuation of about repealing the affordable care act which would result in incr
the illusion that deficits can be reduced without getting more revenues. you saw this--this has been there sort of article of faith for many years and it has been the republican orthodoxy back in 2011 when arguing with the debt ceiling and spending cuts and nothing about increased revenues, and boehner said he got 98% of what he wanted. when romney was running for office, there was not a peep until the end of the campaign. he was basically saying we could have a balanced budget amendment. we could cap spending and cut it. so their own colleagues have not told them these last many years that in order to reduce the deficit, you need more revenues, whether that comes from higher rates or higher taxes or getting rid of deductions. so when one of their own says it, it's a shock to the system. >> jennifer: yes, for sure. kerry, do you think that the tea party is going to be able to kill the plan before it gets started? >> you know, it's really the struggle that is going on right now. the speaker put out this plan yesterday that clearly you know is a reversal from where he was at least publicly over t
Search Results 0 to 1 of about 2